Scales Mound, IL Foreclosures
Current Market Conditions in in Scales Mound, IL As of April 2026?
Over the past month, Scales Mound's housing market has seen a slight uptick in demand, with more listings entering the market. This increase is likely due to ongoing interest in rural living, as buyers seek out affordable homes with good outdoor spaces. Homes in the area are selling at a steady pace, with properties receiving multiple offers reflecting a seller's market.
How much do homes sell for in Scales Mound, IL?
The average home price is currently $228,427.
In Scales Mound, IL, how many homes are available?
There are currently 17 active home listings available in Scales Mound.
What’s the average rental cost in Scales Mound, IL?
The average rental price in Scales Mound is $1,168.
What is the most expensive home in Scales Mound?
The most expensive home sold in Scales Mound had a price of $1,686,572.
What is currently the cheapest priced home in Scales Mound, IL?
The cheapest home for sale in Scales Mound is priced at $13,635.
Living in Scales Mound, IL
Scales Mound, IL, is a quaint village nestled in the picturesque hills of Jo Daviess County. It offers a serene lifestyle with a strong sense of community and beautiful natural surroundings. Ideal for families and nature lovers, Scales Mound combines rural charm with access to necessary amenities.
Buyer vs Seller Market in Scales Mound, IL
The real estate market in Scales Mound is characterized by a stable demand for homes, driven by its appealing rural setting and affordability compared to larger towns. Recently, there has been a modest increase in home listings, attracting buyers looking for a tranquil lifestyle away from urban areas.
In recent months, interest from homebuyers has grown, leading to an increase in property values. The community's charm, coupled with the affordability of homes, makes it an attractive option for first-time buyers and retirees alike.
Home Value Estimator For Scales Mound, IL
There are currently 275 real estate properties
in Scales Mound, IL,
with a median automated valuation model (AVM) price
of $152,185.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scales Mound, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Scales Mound, IL,
is $228,427.00, with the most expensive house
in Scales Mound, IL, topping out
at $1,686,572.00 and the cheapest home
in Scales Mound, IL,
clocking in at $13,635.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scales Mound, IL!
Rent Prices
In Scales Mound, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scales Mound, IL, is on
a rollercoaster ride. The
average rent price in Scales Mound, IL,
is $1,168.00. Indeed, when looking to rent in
Scales Mound, IL, you can expect to pay as little
as $730.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Scales Mound, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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